Big Data Services Market In Small & Medium Business - Forecast(2020 - 2025)

Report Code: ITR 0105 Report Format: PDF + Excel (Delivery in 48 Hrs)
Big Data Services Market size was valued $6.34 billion in 2019, estimated to grow at a CAGR of 25.8% during 2020-2025. The growing adoption of big data analytics in business processes for enhancing productivity and to ensure, and store large amount of data are enhancing the growth of the big data services industry. The rising deployment of technologies such as IOT and tracking solutions such as Real Time Location Systems (RTLS) and Radio Frequency Identification based solutions (RFID) which presents more distributed database applications along with rising data mining and data aggregators will propel the Big Data Services market. Moreover, the deployment cloud-based services and the rising demand new technologies such as continuous intelligence and augmented analytics are surging the growth of the market. The explosion of huge amount of data by organization due to the advancement in technology has risen the demand for the big data services Industry during the forecast period. 

Report Coverage

The report: “Big Data Services Industry Outlook - Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Big Data Services Market Report. 

By Deployment: On-Premise, On-Cloud and Hybrid
By Analytics: Business Analytics, Web Analytics, Sales Analytics, Predictive Analytics and others.
By Industry Type: Micro Industry, Small Scale Industry, Medium Scale Industry and Large Scale Industry.
By Application: Super Market Chains, Travel & Tourism Industry, Banks, Food & Beverages, Automobile & Airlines, Real State and Others.
By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, South Korea, Australia and Others), and RoW (Middle east and Africa)

Key Takeaways
  • In 2019, the Big Data Services market was dominated by North America owing to the adoption of big data technologies for discrete manufacturing, process manufacturing, banking, professional and other services.
  • The increasing deployment of on-cloud big data services in order to provide organizations with cost-efficiency and enhanced data security are surging the growth of the market.
  • The rising demand for continuous intelligence system and augmented analytics in order to provide organization with efficient decision-making automation or decision-making support are propelling the market growth.
  • The lack of handling large amount of data and the rise of unstructured data are hampering the adoption of big data services market. 

Deployment - Segment Analysis
On-Cloud segment held the largest market share in the Big Data Services market in 2019. The growing demand for public cloud, hybrid cloud and private cloud are enhancing the growth of big data services market. As, the cloud based deployment leads to provide low cost solutions to the business which are mainly adopted by companies.  Moreover, the deployment of private cloud also organizations with full control over their systems and data with effective data security. In addition, the on-cloud also enable the organization to leverage the advantage of big data services and platforms which offers cost-efficiency and enhanced security. This factors are enhances the deployment of on-cloud big data services segment further propelling the growth of the market.

Geography - Segment Analysis
In 2019, North America dominated the Big Data Services market with a share of more than 41.5%, followed by Europe and APAC. The presence of dominant players such as IBM, Microsoft Corporation, Google Inc. and so on has highly fueled the growth of big data services market in this region. Moreover, the increasing adoption of big data technologies in enterprises in order to fulfil customer’s requirement are enhancing the market growth. In addition, the need for big data services in the US for growing advances in discrete manufacturing, banking, process manufacturing, professional and government services are further propelling the growth of the big data services market. 

Drivers – Big Data Services Market
  • Increasing demand for Continuous Intelligence
Continuous intelligence refers to a system that integrates real-time analytics with business operations. Organizations are widely preferring to adopt this system as it processes historical and current data in order to provide decision-making automation or decision-making support. In addition, continuous intelligence leverages other technologies such as optimization, business rule management, event stream processing, augmented analytics and machine learning. Also, continuous intelligence is a new technology which is evaluating other technologies, and this is leading to the growing demand for continuous intelligence system in organizations. It is also estimated that many organizations will incorporate with continuous intelligence during 2020 in order to maintain competitive edge. This significant rise of continuous intelligence will drive the growth of the big data services market.
  • Growing need for Augmented Analytics
As big data services are widely being deployed in the small and medium enterprises which has also enhanced the need or augmented analytics. Augmented analytics is widely being implemented in business process for automating the process of gaining business insights with the deployment of artificial intelligence and machine learning. The organizations are also widely enhancing the demand for augmented analytics in order to analyze and clean the data in order to create the required insights. It is also predicted that by the end of 2020, augmented analytics will become the primary purchase for business that are dealing with analytics and business intelligence. Thus, the growing need for augmented analytics will further fuel the big data services market. 

Challenges – Big Data Service Market
  • Handling huge amount of data
The exponential increase in the data that enterprises access today are rising rapidly which is leasing to the explosion of data. Big data services allows to retrieve data, but still lacks in managing ample amount of data. Moreover, the rise of unstructured data leading to the rise of various formats such as Video, audio, social media, smart device data and so on are also leading to provide issues for big  data services for managing them. This key challenge of handling large volume of data is hampering the growth of the market. 

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Big Data Services market. In 2019, the market of Big Data Services has been consolidated by the major players – Amazon Web Services, Inc., Hewlett Packard Enterprise (HP), IBM Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., Teradata Corporation, Google, Inc., and Accenture.

Acquisitions/Technology Launches
  • In February 2020, Oracle announced the launch of Oracle Cloud Data Service Platform. This platform helps enterprises to collaboratively build, train, manage and deploy machine learning models in order to increase the data science projects. Additionally, the new python creates a support for machine learning algorithms within the Oracle Autonomous Databases that reduces the need to move data. 
1. Big Data Services Market In Small & Medium Business - Overview
1.1. Definitions and Scope
2. Big Data Services Market In Small & Medium Business - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Big Data Services Market In Small & Medium Business 
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. Big Data Services Market In Small & Medium Business – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Big Data Services Market In Small & Medium Business – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Big Data Services Market In Small & Medium Business Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes 
7. Big Data Services Market In Small & Medium Business -Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8. Big Data Services Market In Small & Medium Business – By Deployment (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis 
8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.1. Introduction
8.3.2. On Premise
8.3.3. On Cloud
8.3.4. Hybrid
9. Big Data Services Market In Small & Medium Business – By Analytics (Market Size -$Million / $Billion)
9.1. Introduction
9.2. Business Analytics
9.3. Web Analytics
9.4. Sales Analytics
9.5. Predictive Analytics
9.6. Others
10. Big Data Services Market In Small & Medium Business – By Industry Type (Market Size -$Million / $Billion)
10.1. Introduction
10.2. Micro Industry
10.3. Small Scale Industry
10.4. Medium Scale Industry
10.5. Large Scale Industry
11. Big Data Services Market In Small & Medium Business – By Application (Market Size -$Million / $Billion)
11.1. Super Market Chains
11.2. Travel and Tourism Industry
11.3. Banks
11.4. Food and Beverages
11.5. Automobiles and Airlines
11.6. Real Estate
11.7. Others
12. Big Data Services Market In Small & Medium Business - By Geography (Market Size -$Million / $Billion)
12.1. Big Data Services Market In Small & Medium Business - North America Segment Research
12.2. North America Market Research (Million / $Billion)
12.2.1. Segment type Size and Market Size Analysis 
12.2.2. Revenue and Trends
12.2.3. Application Revenue and Trends by type of Application
12.2.4. Company Revenue and Product Analysis
12.2.5. North America Product type and Application Market Size
12.2.5.1. U.S.
12.2.5.2. Canada 
12.2.5.3. Mexico 
12.2.5.4. Rest of North America
12.3. Big Data Services Market In Small & Medium Business - South America Segment Research
12.4. South America Market Research (Market Size -$Million / $Billion)
12.4.1. Segment type Size and Market Size Analysis 
12.4.2. Revenue and Trends
12.4.3. Application Revenue and Trends by type of Application
12.4.4. Company Revenue and Product Analysis
12.4.5. South America Product type and Application Market Size
12.4.5.1. Brazil  
12.4.5.2. Venezuela
12.4.5.3. Argentina
12.4.5.4. Ecuador
12.4.5.5. Peru
12.4.5.6. Colombia 
12.4.5.7. Costa Rica
12.4.5.8. Rest of South America
12.5. Big Data Services Market In Small & Medium Business - Europe Segment Research
12.6. Europe Market Research (Market Size -$Million / $Billion)
12.6.1. Segment type Size and Market Size Analysis 
12.6.2. Revenue and Trends
12.6.3. Application Revenue and Trends by type of Application
12.6.4. Company Revenue and Product Analysis
12.6.5. Europe Segment Product type and Application Market Size
12.6.5.1. U.K  
12.6.5.2. Germany 
12.6.5.3. Italy 
12.6.5.4. France
12.6.5.5. Netherlands
12.6.5.6. Belgium
12.6.5.7. Spain
12.6.5.8. Denmark
12.6.5.9. Rest of Europe
12.7. Big Data Services Market In Small & Medium Business – APAC Segment Research
12.8. APAC Market Research (Market Size -$Million / $Billion)
12.8.1. Segment type Size and Market Size Analysis 
12.8.2. Revenue and Trends
12.8.3. Application Revenue and Trends by type of Application
12.8.4. Company Revenue and Product Analysis
12.8.5. APAC Segment – Product type and Application Market Size
12.8.5.1. China 
12.8.5.2. Australia
12.8.5.3. Japan 
12.8.5.4. South Korea
12.8.5.5. India
12.8.5.6. Taiwan
12.8.5.7. Malaysia
13. Big Data Services Market In Small & Medium Business - Entropy
13.1. New product launches
13.2. M&A's, collaborations, JVs and partnerships
14. Big Data Services Market In Small & Medium Business – Industry / Segment Competition landscape Premium
14.1. Market Share Analysis
14.1.1. Market Share by Country- Top companies
14.1.2. Market Share by Region- Top 10 companies
14.1.3. Market Share by type of Application – Top 10 companies
14.1.4. Market Share by type of Product / Product category- Top 10 companies
14.1.5. Market Share at global level- Top 10 companies
14.1.6. Best Practises for companies
15. Big Data Services Market In Small & Medium Business – Key Company List by Country Premium
16. Big Data Services Market In Small & Medium Business Company Analysis
16.1. Market Share, Company Revenue, Products, M&A, Developments
16.2. Answare
16.3. Apis
16.4. DataCentric partnership Organization
16.5. Company 4
16.6. Company 5
16.7. Company 6
16.8. Company 7
16.9. Company 8
16.10. Company 9
16.11. Company 10 and More
"*Financials would be provided on a best efforts basis for private companies"
17. Big Data Services Market In Small & Medium Business -Appendix
17.1. Abbreviations
17.2. Sources
18. Big Data Services Market In Small & Medium Business -Methodology Premium
18.1. Research Methodology
18.1.1. Company Expert Interviews
18.1.2. Industry Databases
18.1.3. Associations
18.1.4. Company News
18.1.5. Company Annual Reports
18.1.6. Application Trends
18.1.7. New Products and Product database
18.1.8. Company Transcripts
18.1.9. R&D Trends
18.1.10. Key Opinion Leaders Interviews
18.1.11. Supply and Demand Trends